* HSBC says losses as U.S. consumer loan losses fall

* Futures off: S&P 2.5 pts, Dow 21 pts, Nasdaq 1 pt

* For up-to-the-minute market news, click [STXNEWS/US]

By Angela Moon

NEW YORK, Nov 10 (Reuters) - Stock index futures edged lower on Tuesday as investors paused after the market hit a 13-month high in the previous session on expectations for prolonged low interest rates.

* Wall Street hit fresh highs for the year on Monday after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investor appetite for risk. The agreement boosted global stocks and commodities, while the U.S. dollar fell to a 15-month low. For details, see [ID:nLQ516726] and [ID:nL9362990]

* S&P 500 futures SPc1 dipped 2.5 points and were slightly below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures DJc1 fell 21 points, and Nasdaq 100 futures NDc1 shed 1 point.

* Economic indicators on tap include weekly ICSC chain store data, weekly Redbook data, the weekly ABC consumer confidence index and the November IBD consumer confidence.

* Financial stocks are likely to rise after Europe's biggest bank, HSBC Holdings Plc (HSBA.L: Quote, Profile, Research), said losses on U.S. consumer loans fell for the first time in three years. The bank also reported solid third-quarter profit. [ID:nLA616591]